BEGIN:VCALENDAR X-WR-TIMEZONE:US/Eastern DTSTART:20180501T130000 DTEND:20180501T140000 VERSION:2.0 LOCATION:OnlinePRODID:-//Training Doyens //EN METHOD:REQUEST BEGIN:VEVENT DTSTAMP:20180501T000000 DTSTART;TZID="US/Eastern":20180501T130000 DTEND;TZID="US/Eastern":20180501T140000 SUMMARY:How To Construct Salary Ranges, Administer Increase Budgets and Build Merit Increase Matrices DESCRIPTION: People work for money. Even people who love their jobs likely would not perform them free. The salary budget while often the biggest expense in a company is to employees, a reward system for their work performed in your company and for the skills they bring to the workplace. Adopting a competitive, performance-based pay philosophy requires some extra work. In order to differentiate wages based upon the results of your employees, you need to know what you want people to do, be able to sort out how they are performing and, based on that, differentiate their pay. The benefit of your extra effort regarding compensation is that you can drive your funds towards rewarding high-performing employees who may even be paid less than the market.Because, realistically salary budgets and increase budgets are determined not only by compensation philosophy and range movements but the actual budget (or not) the employer has. PRIORITY:3END:VEVENT END:VCALENDAR